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20121205
20121213
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
CNN
Dec 9, 2012 12:00pm EST
echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. there's a big difference between a temporary tax cut that goes out than's proactively raising taxes. it happens automatically. we have to do something and doing something requires the cooperation of the senate, which the democrats run, and the signature of the president. s
CNN
Dec 9, 2012 6:00am PST
the right and the left. the speaker lost his right, nancy pelosi lost her left, and they come together here. that's doable, yes? >> i think so. i think there has to be a lot of people, republicans, that wish they would have taken the deal seeing how the election came out that taking the deal in the summer of 2011 where president obama reluctantly indicated that he would be for changing the cost of living formula for social security, raising the retirement age very slowly for medicare, and because those things are going to be harder to get now for democrats, because the left has mobilized, liberal groups are very active. but i think the democrats recognize the entitlement spending has to be curved. >> they don't want to change it structurally. they don't want to block medicare, or voucherize medicare, or privatize social security. so if you those things, you v to make the armath work. >> let me tell you where the republicans are in their thinking. i think republicans are saying the president will probably get his way on his tax increases on the rich. let's say he gets that, that raises
CNN
Dec 9, 2012 9:00am EST
earners? does he have those votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there is support for the rate hikes. there is support for revenue, by cleaning up the code. >> can you tell me what the difference is? isn't $800 billion in collected revenue still a tax hike? >> there are so many things, and this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there, and there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave camp put an incredibility amount of time into this. he and kevin brady have worked on this. it is the time -- this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. and in this case -- >> on the wealthy, they would run out. >> yes, some people think if we dig in and hold strong we can stop it, that's not the case. you have to do something, and doing something
Search Results 0 to 3 of about 4 (some duplicates have been removed)